/biz/ - Business & Finance

>>17680207
russia is fine, they have massive foreign reserves, and they can pump for profit for like half as much as saudis

saudis are going to burn through 15% of their foreign reserves a year to MAINTAIN current government spending, thats broke within 5 years, without taking into account mbs's broad foreign investment and economic reforms, which will absolutely increase spending

.bloomberg-com/news/articles/2020-03-09/saudi-arabia-s-economy-can-ill-afford-oil-price-war-it-started

>>17680254
>Has the us ever gone from “no recession” to “absolutely a recession” this quickly?
thats usually what characterizes big recessions in the first place...

>>17680261
primaries are state to state, to decide who will run against Trump in the presidential election (presidential election is November 3th i think? first tuesday in november)
6 stares have primary elections tomorrow, including mine (Michigan)